Tabernacle Community Development Corporation

Analysis

Tabernacle Community Development Corporation is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Tabernacle Community Development Corporation reported income of $1.1m and spending of $970k, spending 91% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $713k to $1.1m (+50%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 76% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tabernacle Community Development Corporation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within MO. Charities of a similar size with the same main cause include Greater Wilkes-Barre Chamber of Business & Industry ($1.1m), Nextstage ($1.1m) and Harrisonburg Downtown Renaissance ($1.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 63% and program service revenue 24% of the total. Other salaries and wages came to $166k. At year end it held assets of $10.8m against liabilities of $9.5m, net assets of $1.3m. It reported 5 employees.